Compare Spread Betting Companies
 |
The Spread Betting Comparison Chart gives insight into the various providers according to the value added services they bring their clients.
Be it market updates, iPhone App's, customers support, technical tools - they judge the providers according to the effort they have put into their offerings. |
Spread Betting Market News
| IG Index owner drops Extrabet | | Print | |
| Written by Will Peters | |
| Monday, 16 August 2010 11:32 | |
|
PricewaterhouseCoopers called in to oversee sale of Extrabet.
IG Group who also own the financial spread betting platform IG Index have asked PricewaterhouseCoopers LLP to oversee the sale. According to a morning comment in the Independent on the matter, the sale will come as no surprise as IG Group have been hawking its sports business around for a while now. This comes despite Extrabet boss Arman Tahmassebi insisting earlier this year that there was "no talk of a sale". News of the sale follows a rationalisation of the division plus a decent World Cup. But the price tag remains a thorny issue and betting industry sources question whether the business, which saw revenues drop by almost 31 per cent last year, is worth much. |
|
| Last Updated on Monday, 16 August 2010 11:34 |
Spread Betting Lessons - Cut out the emotion!
Oh, and also a lesson why the Stop Loss is your Friend !
Advertisement
More Reading: Spread Betting Blog
Spread Betting From a Beginners Perspective.
> Leveraged trading continues to grow in popularity
> The practice account and dreams of 1 hour working days
> Vist The Spread Betting Blog
Spread betting at a glance
- Spread betting is a financial product that allows retail and professional investors access to the widest possible number and types of exchange traded instruments.
- The spread betting company that you trade through is the market maker, the trader does not actually take ownership of any underlying product. Hence, most jurisdictions do not charge stamp duty on any gains.
- The notion that you don't actually own the product ensures spread betting platforms are able to almost instantaneously execute orders on behalf of their client.
- Spread betting is a leverage product, your money is able to realise you impressive gains as your earnings come in multiples of the actual change in the underlying product that you are trading.
- This is of course where spread betting can also go spectacularly wrong. Losses can be huge, therefore we advise those that are spread betting, or are looking to go into spread betting, to enter each trade with a well thought out strategy. This also means setting a pre-determined stop loss so that losses are cut at a manageable level.
- This website is here to offer more insight into this fascinating trading instrument.